Former Assistant Treasury Secretary Dr. Paul Craig Roberts says there is another financial calamity coming to the U.S. Dr. Roberts says, “It is a crisis they can’t avoid. One way or another it’s going to bite very hard, whether it comes through the dollar or the bonds.” Dr. Roberts says all the ongoing financial problems we face today are a result of little or no...

March 19, 2013. Ten years ago today the Bush regime invaded Iraq. It is known that the justification for the invasion was a packet of lies orchestrated by the neoconservative Bush regime in order to deceive the United Nations and the American people. The US Secretary of State at that time, General Colin Powell, has expressed his regrets that he was used by the Bush...

Over a decade during which the US economy was decimated by jobs offshoring, economists and other PR shills for offshoring corporations said that the US did not need the millions of lost manufacturing jobs and should be glad that the “dirty fingernail” jobs were gone. America, we were told, was moving upscale. Our new role in the world economy was to innovate and develop the...

On March 5, 2013, Hugo Chavez, President of Venezuela and world leader against imperialism, died. Washington imperialists and their media and think tank whores expressed gleeful sighs of relief as did the brainwashed US population. An “enemy of America” was gone. Chavez was not an enemy of America. He was an enemy of Washington’s hegemony over other countries, an enemy of Washington’s alliance with elite...

According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February. If you believe that, I have a bridge in Brooklyn that I’ll let you have at a good price. Where are these alleged jobs? The BLS says 48,000 were created in construction. That is possible, considering that revenue-starved real estate developers are misreading the housing situation. http://www.counterpunch.org/2013/03/08/us-housing-is-the-recovery-real/print Then there...

The US might not be in a Great Depression, but economic insecurity has nevertheless returned to America. John N. Gray, a distinguished intellect and retired professor of intellectual history at the London School of Economics, disagrees with the view that “the end of history” has placed humanity on a course of ethical and economic progress. History, Gray believes, is not progressing to a higher stage....

Paul Craig Roberts explains the economic crisis. http://www.youtube.com/watch?v=agWgGWiUoSs&list=UUL3Dm0whUpRNEjrH2AVTbfA&index=1